(via Reuters) U.S. small business optimism bounced back from a seven-month low in November, with owners setting their sights on creating more jobs and expanding operations.


The National Federation of Independent Business said on Tuesday its Small Business Optimism Index edged up 0.9 point to 92.5 last month.

Eight of the index’s 10 components advanced, with decent gains in job creation plans and the share of business owners saying this is a good time to expand.

Improvements in labor market components accounted for more than half of the rise in the overall index.

Read full story: Small business confidence rises, jobs picture upbeat (Reuters)

Related Articles

The 150-Year History of the Term ‘Small Business’

Until the end of the 19th century, there were few big businesses so the history of the term “small business” is less than 150 years. Today, no other phrase comes close to describing companies up to 500 employees.